India's Richest People 2026 edition · 1 director · Source: Hurun India
- #257 Jitendra Virwani ₹14,500 Cr
Market Cap
₹9,179 Cr
WEWORK · NSE
Share Price
₹618.00
-6.51% today
Revenue
₹2,440 Cr
FY 2025-26 · +25.2% YoY
EBITDA
₹1,569 Cr
Margin 64.3%
Net Profit
₹78.73 Cr
FY 2025-26 · -53.9% YoY
P/E (TTM)
104.1x
P/B 30.6x
Authorised capital
₹1,000 Cr
Registered with MCA
Paid-up capital
₹138.87 Cr
Issued & subscribed
About Wework India Management Limited
Data last updated:
Wework India Management Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Embassy Buildcon Llp. It operates in the real estate financing segment of the financial services sector. It was incorporated on 13 May 2016 and has been in existence for over 10 years.
Its director Jitendra Virwani is #257 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L74999KA2016PLC093227. Its GSTIN is 29AADCH8710J2ZB (Karnataka). The company holds 8 GST registrations, of which 7 are active. Its shares are listed on BSE: 544570 and NSE: WEWORK.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹138.87 Cr. It was formerly known as Halosaur Bengaluru Private Limited. It is led by directors including Karan Virwani (Managing Director) and Jitendra Mohandas Virwani.
Its last annual general meeting (AGM) was held on 24 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 6th Floor Prestige Central 36 Infantry Road Shivaji Nagar, Bangalore, Karnataka, India – 560001.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,440.18 Cr, a growth of 25.2% compared to the previous year. For the same year it recorded a net profit of ₹78.73 Cr (net margin 3.2%) and EBITDA of ₹1,569.23 Cr (EBITDA margin 64.3%).
The company has about 496 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: WeWork India. As per MCA filings, the company has open charges of ₹895.1 Cr and satisfied charges of ₹775.07 Cr on record. Court records list 13 cases involving the company, including 8 filed by the company and 5 filed against it. The company has 21 deals on record (5 convertible or debt financings, 5 secondary share transfers, 5 market trades), with disclosed funding of ₹1,599.94 Cr; the latest was in August 2026. Its 10 peer companies in the BFSI industry (Real Estate Leasing) are compared by revenue, 5 larger and 5 smaller; the largest is DP Nirman Private Limited with revenue of ₹5,579.15 Cr. The company has 14 MSME Form 1 returns on record between 2019 and 2024, listing 794 overdue payments to 145 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wework.co.in.
Company Details of Wework India Management Limited
CIN L74999KA2016PLC093227
Registration Number 093227
Incorporation Date 13 May 2016
ROC Bangalore
Listing Status Listed (BSE: 544570, NSE: WEWORK)
Company Status Active
Date of Last AGM 24 August 2026
Date of Balance Sheet 31 March 2026
Parent Company Embassy Buildcon Llp
Compliance Status Active Compliant
CIN History of Wework India Management Limited
Wework India Management has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74999KA2016PLC093227, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999KA2016PLC093227 | Current |
| U74999KA2016PLC093227 | Previous |
| U74999KA2016PTC093227 | Previous |
Key People
Karan Virwani Managing Director Jitendra Mohandas Virwani Director Adnan Mostafa Ahmad Nominee Director Recognitions & Rankings of Wework India Management
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address6th Floor Prestige Central 36 Infantry Road Shivaji Nagar, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Real Estate Financing
Comprehensive company report
Wework India Management Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Wework India Management Limited
Wework India Management operates one associated brand: WeWork India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Flexible workspace solutions are provided by WeWork India. | wework.co.in |
Business Activity of Wework India Management Limited
The main business activity of Wework India Management is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Wework India Management Limited FY 2025-26 filings available
Wework India Management Limited reported revenue of ₹2,440.18 Cr (up 25.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹2,440 Cr
+25.2% YoY
EBITDA
₹1,569 Cr
+31.6% YoY
Profit After Tax
₹78.73 Cr
-53.8% YoY
Net Worth
-
Total Assets
-
Total Debt
-
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Income statement | ||||
| Revenue | 2,440 | 1,949 | 1,665 | 1,315 |
| Revenue growth | +25.2% | +17.1% | +26.7% | - |
| EBITDA | 1,569 | 1,192 | 1,047 | 796 |
| EBITDA margin | +64.3% | +61.2% | +62.9% | +60.5% |
| Profit before tax | 52.90 | (155) | (133) | (147) |
| Net profit | 78.73 | 171 | (141) | (150) |
| Net profit margin | +3.2% | +8.8% | -8.4% | -11.4% |
| EPS (₹) | 5.40 | 9.51 | (24.77) | (26.79) |
| Balance sheet | ||||
| Total assets | - | 4,100 | 3,316 | 3,400 |
| Net worth | - | 200 | (437) | (292) |
| Total debt | - | 310 | 617 | 481 |
| Cash & bank | - | 26.73 | 23.98 | 50.89 |
| Net working capital | - | (861) | (798) | (632) |
| Cash flow | ||||
| Cash from operations | - | 1,290 | 1,162 | 942 |
| Cash from investing | - | (304) | (393) | (386) |
| Cash from financing | - | (984) | (797) | (534) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 684 | 696 | 634 | 575 | 535 | 539 | 492 | 470 |
| Revenue growth (YoY) | +27.7% | +29.1% | +29.0% | +22.4% | +19.3% | - | - | - |
| Other income | 17.00 | 20.25 | 11.51 | 10.84 | 10.40 | 15.50 | 16.71 | 29.94 |
| EBITDA | 438 | 450 | 403 | 380 | 335 | 344 | 265 | 298 |
| EBITDA margin | +64.0% | +64.7% | +63.6% | +66.1% | +62.7% | +63.7% | +53.9% | +63.5% |
| Depreciation | 283 | 267 | 246 | 231 | 223 | 225 | 205 | 202 |
| Interest | 176 | 159 | 152 | 153 | 136 | 148 | 160 | 157 |
| Profit before tax | (3.94) | 43.99 | 16.76 | 6.24 | (14.10) | (13.36) | (83.04) | (31.46) |
| Tax | 0.12 | (21.86) | (0.04) | (0.16) | 0.05 | (50.09) | 0.09 | (235) |
| Net profit | (4.06) | 65.85 | 16.80 | 6.40 | (14.15) | 36.73 | (83.13) | 204 |
| EPS (₹) | (0.31) | 4.76 | 1.22 | 0.47 | (1.05) | 2.74 | (6.58) | 16.04 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,432 | 1,942 | 1,662 | 1,314 | 784 | 640 | 691 |
| Revenue growth | +25.2% | +16.9% | +26.5% | +67.5% | +22.5% | -7.4% | - |
| EBITDA | 1,568 | 1,191 | 1,048 | 798 | 406 | (214) | (72.35) |
| EBITDA margin | +64.5% | +61.3% | +63.1% | +60.7% | +51.8% | -33.4% | -10.5% |
| Profit before tax | 50.03 | (155) | (131) | (145) | (643) | (648) | (317) |
| Net profit | 76.49 | 176 | (131) | (145) | (643) | (619) | (320) |
| Net profit margin | +3.2% | +9.1% | -7.9% | -11.0% | -82.0% | -96.7% | -46.3% |
| EPS (₹) | 5.23 | 9.74 | (6.63) | (26.37) | (117.32) | (3,224.67) | (1,579.17) |
| Balance sheet | |||||||
| Total assets | 6,057 | 4,672 | 3,329 | 3,399 | 3,251 | 1,235 | 1,146 |
| Net worth | 305 | 209 | (431) | (291) | (155) | (1,237) | (603) |
| Total debt | 5,550 | 4,272 | 625 | 481 | 292 | 2,250 | 1,550 |
| Cash & bank | 61.64 | 20.70 | 20.82 | 49.59 | 28.27 | 221 | 64.56 |
| Net working capital | (707) | (304) | (793) | (632) | (363) | 53.61 | (315) |
| Cash flow | |||||||
| Cash from operations | 1,731 | 1,293 | 1,165 | 942 | 416 | (165) | - |
| Cash from investing | (642) | (309) | (417) | (387) | (6.14) | (295) | - |
| Cash from financing | (1,048) | (984) | (777) | (534) | (602) | 532 | - |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 680 | 693 | 632 | 573 | 534 | 536 | 490 | 469 |
| Revenue growth (YoY) | +27.4% | +29.4% | +29.0% | +22.3% | +19.3% | - | - | - |
| Other income | 16.83 | 18.92 | 9.65 | 10.79 | 10.34 | 15.35 | 16.69 | 29.93 |
| Total expenses | 243 | 243 | 229 | 192 | 199 | 193 | 224 | 171 |
| EBITDA | 437 | 449 | 403 | 381 | 335 | 343 | 266 | 298 |
| EBITDA margin | +64.3% | +64.9% | +63.8% | +66.4% | +62.7% | +64.0% | +54.2% | +63.6% |
| Depreciation | 283 | 267 | 245 | 231 | 223 | 223 | 206 | 202 |
| Interest | 176 | 159 | 152 | 153 | 136 | 148 | 160 | 157 |
| Profit before tax | (4.58) | 42.20 | 15.06 | 7.39 | (14.61) | (12.77) | (83.63) | (31.27) |
| Tax | 0.00 | (22.17) | 0.00 | 0.00 | 0.00 | (50.22) | 0.00 | (235) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 684 | 696 | 634 | 575 | 535 | 539 | 492 | 470 |
| Revenue growth (YoY) | +27.7% | +29.1% | +29.0% | +22.4% | +19.3% | - | - | - |
| Other income | 17.00 | 20.25 | 11.51 | 10.84 | 10.40 | 15.50 | 16.71 | 29.94 |
| EBITDA | 438 | 450 | 403 | 380 | 335 | 344 | 265 | 298 |
| EBITDA margin | +64.0% | +64.7% | +63.6% | +66.1% | +62.7% | +63.7% | +53.9% | +63.5% |
| Depreciation | 283 | 267 | 246 | 231 | 223 | 225 | 205 | 202 |
| Interest | 176 | 159 | 152 | 153 | 136 | 148 | 160 | 157 |
| Profit before tax | (3.94) | 43.99 | 16.76 | 6.24 | (14.10) | (13.36) | (83.04) | (31.46) |
| Tax | 0.12 | (21.86) | (0.04) | (0.16) | 0.05 | (50.09) | 0.09 | (235) |
| Net profit | (4.06) | 65.85 | 16.80 | 6.40 | (14.15) | 36.73 | (83.13) | 204 |
| EPS (₹) | (0.31) | 4.76 | 1.22 | 0.47 | (1.05) | 2.74 | (6.58) | 16.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Revenue | 2,440 | 1,949 | 1,665 | 1,315 |
| Revenue growth | +25.2% | +17.1% | +26.7% | - |
| Other income | 52.39 | 74.79 | 72.03 | 108 |
| Total expenses | 871 | 757 | 618 | 519 |
| Employee cost | 0.00 | 155 | 134 | 121 |
| EBITDA | 1,569 | 1,192 | 1,047 | 796 |
| EBITDA margin | +64.3% | +61.2% | +62.9% | +60.5% |
| Depreciation | 967 | 824 | 744 | 637 |
| Interest | 601 | 598 | 508 | 414 |
| Profit before tax | 52.90 | (155) | (133) | (147) |
| Tax | (22.02) | (285) | (0.29) | (0.07) |
| Net profit | 78.73 | 171 | (141) | (150) |
| Net profit margin | +3.2% | +8.8% | -8.4% | -11.4% |
| EPS (₹) | 5.40 | 9.51 | (24.77) | (26.79) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Equity & liabilities | ||||
| Share capital | - | 135 | 54.81 | 54.81 |
| Reserves & surplus | - | 65.68 | (492) | (347) |
| Shareholders' funds (net worth) | - | 200 | (437) | (292) |
| Minority interest | - | 0.00 | (0.19) | (0.26) |
| Secured loans | - | 310 | 617 | 481 |
| Unsecured loans | - | 0.00 | 0.00 | 0.00 |
| Total debt | - | 310 | 617 | 481 |
| Total liabilities | - | 4,100 | 3,316 | 3,400 |
| Assets | ||||
| Gross block | - | 6,962 | 5,561 | 4,889 |
| Net block | - | 4,323 | 3,600 | 3,576 |
| Capital work in progress | - | 33.67 | 14.89 | 12.92 |
| Investments | - | 32.76 | 176 | 56.61 |
| Inventories | - | 0.66 | 0.13 | 0.23 |
| Sundry debtors | - | 83.16 | 80.17 | 69.74 |
| Cash & bank balances | - | 26.73 | 23.98 | 50.89 |
| Loans & advances | - | 320 | 264 | 260 |
| Total current assets | - | 431 | 368 | 381 |
| Total current liabilities | - | 1,292 | 1,166 | 1,013 |
| Net working capital | - | (861) | (798) | (632) |
| Total assets | - | 4,100 | 3,316 | 3,400 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Opening cash | - | 21.06 | 49.94 | 28.27 |
| Net cash from operating activities | - | 1,290 | 1,162 | 942 |
| Net cash from investing activities | - | (304) | (393) | (386) |
| Net cash from financing activities | - | (984) | (797) | (534) |
| Net change in cash | - | 2.50 | (28.88) | 21.67 |
| Closing cash | - | 26.73 | 23.98 | 50.89 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Growth | ||||
| Sales growth | +25.2% | +17.1% | +26.7% | - |
| EBITDA growth | +31.6% | +13.8% | +31.6% | - |
| PBT growth | +9998.0% | -16.6% | +9.6% | +9997.0% |
| Net income growth | -53.9% | +221.4% | +6.3% | - |
| Revenue CAGR (3Y) | +22.9% | - | - | - |
| EBITDA CAGR (3Y) | +25.4% | - | - | - |
| Profitability & leverage | ||||
| Net income margin | +3.1% | +6.7% | -8.0% | -11.2% |
| Return on capital employed | - | +10.2% | 0.0% | 0.0% |
| Return on net worth | - | +18.3% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 |
| Interest cover | 99.92 | 162.34 | 167.60 | 260.54 |
| Efficiency & per share | ||||
| Fixed asset turnover | - | 0.31 | 0.32 | 0.27 |
| Inventory turnover | - | 4,934.71 | 9,250.78 | 5,715.30 |
| Debtors turnover | - | 23.87 | 22.22 | 18.85 |
| EPS (₹) | 5.40 | 9.51 | (24.77) | (26.79) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 14.90 | (79.82) | (53.30) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 680 | 693 | 632 | 573 | 534 | 536 | 490 | 469 |
| Revenue growth (YoY) | +27.4% | +29.4% | +29.0% | +22.3% | +19.3% | - | - | - |
| Other income | 16.83 | 18.92 | 9.65 | 10.79 | 10.34 | 15.35 | 16.69 | 29.93 |
| Total expenses | 243 | 243 | 229 | 192 | 199 | 193 | 224 | 171 |
| EBITDA | 437 | 449 | 403 | 381 | 335 | 343 | 266 | 298 |
| EBITDA margin | +64.3% | +64.9% | +63.8% | +66.4% | +62.7% | +64.0% | +54.2% | +63.6% |
| Depreciation | 283 | 267 | 245 | 231 | 223 | 223 | 206 | 202 |
| Interest | 176 | 159 | 152 | 153 | 136 | 148 | 160 | 157 |
| Profit before tax | (4.58) | 42.20 | 15.06 | 7.39 | (14.61) | (12.77) | (83.63) | (31.27) |
| Tax | 0.00 | (22.17) | 0.00 | 0.00 | 0.00 | (50.22) | 0.00 | (235) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,432 | 1,942 | 1,662 | 1,314 | 784 | 640 | 691 |
| Revenue growth | +25.2% | +16.9% | +26.5% | +67.5% | +22.5% | -7.4% | - |
| Other income | 49.70 | 74.58 | 71.88 | 108 | 52.23 | 21.14 | 18.23 |
| Total expenses | 864 | 751 | 614 | 516 | 378 | 854 | 763 |
| Employee cost | 0.00 | 152 | 132 | 118 | 89.41 | 100 | 134 |
| EBITDA | 1,568 | 1,191 | 1,048 | 798 | 406 | (214) | (72.35) |
| EBITDA margin | +64.5% | +61.3% | +63.1% | +60.7% | +51.8% | -33.4% | -10.5% |
| Depreciation | 966 | 823 | 743 | 636 | 712 | 334 | 218 |
| Interest | 601 | 598 | 508 | 414 | 390 | 122 | 45.58 |
| Profit before tax | 50.03 | (155) | (131) | (145) | (643) | (648) | (317) |
| Tax | (22.17) | (285) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 76.49 | 176 | (131) | (145) | (643) | (619) | (320) |
| Net profit margin | +3.2% | +9.1% | -7.9% | -11.0% | -82.0% | -96.7% | -46.3% |
| EPS (₹) | 5.23 | 9.74 | (6.63) | (26.37) | (117.32) | (3,224.67) | (1,579.17) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 135 | 134 | 197 | 54.81 | 54.81 | 2.01 | 2.01 |
| Reserves & surplus | 169 | 75.23 | (628) | (346) | (210) | (1,239) | (605) |
| Shareholders' funds (net worth) | 305 | 209 | (431) | (291) | (155) | (1,237) | (603) |
| Secured loans | 332 | 310 | 625 | 481 | 292 | 520 | 466 |
| Unsecured loans | 5,218 | 3,963 | 0.00 | 0.00 | 0.00 | 1,731 | 1,084 |
| Total debt | 5,550 | 4,272 | 625 | 481 | 292 | 2,250 | 1,550 |
| Total liabilities | 6,057 | 4,672 | 3,329 | 3,399 | 3,251 | 1,235 | 1,146 |
| Assets | |||||||
| Gross block | 9,423 | 6,945 | 5,553 | 4,882 | 4,021 | 1,483 | 1,423 |
| Net block | 5,774 | 4,309 | 3,594 | 3,569 | 3,314 | 823 | 1,079 |
| Capital work in progress | 38.12 | 34.23 | 14.89 | 12.92 | 0.83 | 0.00 | 7.48 |
| Investments | 283 | 60.56 | 189 | 61.52 | 0.00 | 85.60 | 105 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 81.71 | 79.80 | 79.17 | 69.28 | 64.43 | 44.23 | 15.34 |
| Cash & bank balances | 61.64 | 20.70 | 20.82 | 49.59 | 28.27 | 221 | 64.56 |
| Loans & advances | 188 | 320 | 264 | 260 | 265 | 196 | 148 |
| Total current assets | 331 | 420 | 364 | 379 | 358 | 460 | 228 |
| Total current liabilities | 1,038 | 724 | 1,156 | 1,011 | 721 | 407 | 542 |
| Net working capital | (707) | (304) | (793) | (632) | (363) | 53.61 | (315) |
| Total assets | 6,057 | 4,672 | 3,329 | 3,399 | 3,251 | 1,235 | 1,146 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 20.70 | 20.82 | 49.59 | 28.27 | 221 | 64.56 | - |
| Net cash from operating activities | 1,731 | 1,293 | 1,165 | 942 | 416 | (165) | - |
| Net cash from investing activities | (642) | (309) | (417) | (387) | (6.14) | (295) | - |
| Net cash from financing activities | (1,048) | (984) | (777) | (534) | (602) | 532 | - |
| Net change in cash | 40.94 | (0.12) | (28.77) | 21.32 | (192) | 72.09 | - |
| Closing cash | 61.64 | 20.70 | 20.82 | 49.59 | 28.27 | 221 | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +25.2% | +16.9% | +26.5% | +67.5% | +22.5% | -7.4% | - |
| EBITDA growth | +31.7% | +13.7% | +31.4% | +96.3% | +289.9% | -195.8% | - |
| PBT growth | +9998.0% | -18.5% | +9.5% | +77.5% | +0.8% | -104.2% | -33.7% |
| Net income growth | -56.6% | +234.9% | +9.6% | +77.5% | -3.9% | -93.6% | - |
| Revenue CAGR (3Y) | +22.8% | +35.3% | +37.4% | +23.9% | +37.5% | +124.3% | - |
| EBITDA CAGR (3Y) | +25.3% | +43.1% | - | - | - | +52.3% | - |
| Profitability & leverage | |||||||
| Net income margin | +3.0% | +6.7% | -7.9% | -11.0% | -82.0% | -101.2% | -45.9% |
| Return on capital employed | - | +10.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | - | +18.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 99.95 | 162.29 | 166.42 | 256.73 | -127.76 | -22.18 | -15.71 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.31 | 0.32 | 0.30 | 0.29 | 0.44 | 0.60 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | - | 24.43 | 22.39 | 19.65 | 14.44 | 21.50 | 56.90 |
| EPS (₹) | 5.23 | 9.74 | (6.63) | (26.37) | (117.32) | (3,224.67) | (1,579.17) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 15.61 | (21.85) | (53.05) | (28.23) | (6,152.86) | (2,997.68) |
Want more history and ratios?
You're viewing the latest exchange-filed financials for Wework India Management Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
Board of Directors of Wework India Management Limited
Wework India Management has 6 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Virwani | Managing Director | 07 Oct 2016 | 10 Years 0 Months | Current |
| Jitendra Mohandas Virwani | Director | 27 Sep 2024 | 2 Years 0 Months | Current |
| Adnan Mostafa Ahmad | Nominee Director | 28 Nov 2024 | 1 Years 10 Months | Current |
| Anupa Rajiv Sahney | Director | 17 Oct 2024 | 2 Years 0 Months | Current |
| Mahua Acharya | Director | 17 Oct 2024 | 2 Years 0 Months | Current |
| Manoj Kumar Kohli Also directs: MK Knowledge LLP, Good Parenting Enterprise LLP, Triveni Engineering and Industries Limited and 5 more | Director | 12 Apr 2023 | 3 Years 6 Months | Current |
Peer Comparison of Wework India Management Limited
Wework India Management Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DP Nirman Private Limited | ₹5,579.15 Cr (FY 2020) | •••• | •••• | 64.0% | •••• | Kolkata, West Bengal, India |
| Prime Focus Limited Listed | ₹3,825.5 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
| Karamchand Domestic Products Private Limited | ₹3,000.18 Cr (FY 2025) | •••• | •••• | 1591691.0% | •••• | New Delhi, Delhi, India |
| The Hindustan Times Ltd | ₹2,528.51 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Wework India Management Limited this company | ₹2,440.18 Cr (FY 2026) | •••• | •••• | 25.2% | •••• | Bangalore, Karnataka, India |
| Aristo Bullion Private Limited | ₹2,109.05 Cr (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Bigway Marketing Private Limited | ₹1,812.94 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Delhi, India |
| Tablespace Technologies Limited | ₹1,561.81 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Bangalore, Karnataka, India |
| HGP Community Private Limited | ₹1,494.57 Cr (FY 2025) | •••• | •••• | 108.0% | •••• | Mumbai, Maharashtra, India |
| O. P. Gupta & Sons Private Limited | ₹1,473.32 Cr (FY 2023) | •••• | •••• | 73.0% | •••• | New Delhi, Delhi, India |
| Smartworks Coworking Spaces Limited | ₹1,409.67 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Wework India Management by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Wework India Management Limited
Wework India Management Limited is audited by S R BATLIBOI AND ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R BATLIBOI AND ASSOCIATES LLP | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Shareholding Pattern of Wework India Management Limited
Shareholding for the quarter ended Sep 2026: promoters hold 48.30%, foreign institutional investors hold 19.60%, domestic institutional investors hold 25.90% and retail and other public shareholders hold 6.20%.
Sep 2026
QUARTER
48.30% Promoters
25.90% DII (Domestic Institutional)
19.60% FII (Foreign Institutional)
6.20% Retail & Others
Promoter holding - history
Now 48.30% · Sep 2026High 49.80% · Dec 2025Low 48.30% · Sep 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 48.30% | 49.40% | 49.80% | 49.80% |
| Public | 51.70% | 50.60% | 50.20% | 50.20% |
Charges & Borrowings of Wework India Management Limited
Open charges
₹895.1 Cr
Satisfied charges
₹775.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2026 | Others | ₹4.1 Cr | Open |
| 23 Mar 2026 | Others | ₹200 Cr | Open |
| 27 May 2025 | Others | ₹85 Cr | Open |
| 30 Dec 2024 | Others | ₹120 Cr | Open |
| 27 Sep 2024 | Others | ₹216 Cr | Open |
Total charge records: 14 View all charges
Deals & Funding of Wework India Management Limited
Wework India Management Limited has 21 deals on record (5 convertible or debt financings, 5 secondary share transfers, 5 market trades), with disclosed funding of ₹1,599.94 Cr; the latest was in August 2026.
Total deals
21
Convertible or debt financings
5
Secondary share transfers
5
Market trades
5
Acquisitions
3
Disclosed funding
₹1,599.94 Cr
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Market trade | ₹139.9 Cr | Buyer: Plutus Wealth Management LLP , Bofa Securities Europe Sa Seller: Clsa Global Markets Pte. Ltd-Odi, Bofa Securities Europe Sa |
| Oct 2025 | IPO | ₹3,000 Cr | Investors: HDFC Life Insurance Company Limited , Tata Aig General Insurance Company Limited , Canara HSBC Life Insurance Company Limited Seller: Embassy Buildcon LLP , 1 Ariel Way Tenant Limited |
| Jan 2025 | Rights issue | ₹501.28 Cr | Investors: Embassy Buildcon LLP |
| Dec 2024 | Secondary share transfer | Undisclosed | Buyer: Embassy Buildcon LLP Seller: One Ariel Way Tenant Limited |
| Jul 2024 | Secondary share transfer | Undisclosed | Buyer: Volrado Venture Partners Seller: Embassy Buildcon LLP |
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Full deal history
All 21 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Wework India Management Limited
Wework India Management Limited has 13 court cases on record: 8 filed by Wework India Management, 5 filed against it. All cases are disposed.
Total cases
13
Filed by the company
8
Filed against the company
5
Disposed
13
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 4 | 0 |
| District courts | 2 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed by the company against Neuroglia Health Pvt Ltd | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against Archetype Solutions Software Pvt Ltd | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against Aapai Technologies Ltd | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against Neuroglia Health Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by Raffles Design International India Pvt Ltd | Disposed |
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All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Wework India Management Limited
Wework India Management Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 794 overdue payments to 145 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 145)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Even Flow Events and Experiences LLP | •••• | •••• | •••• |
| Lantro Technologies India Private Limited | •••• | •••• | •••• |
| Padam Interiors Private Limited | •••• | •••• | •••• |
| Naman Industries Proxima Limited | •••• | •••• | •••• |
| Dee Arch Design | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Wework India Management Limited
Wework India Management Limited has a workforce of 496 employees as of Apr 24, 2024.
Employee count
496
Active EPFO establishments
1
Employee growth
9.49%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Wework India Management Limited
Wework India Management has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Ww Tech Solutions India Private Limited | U70200KA2021PTC155097 | - |
| Zoapi Innovations Private Limited | U72900KA2019PTC127212 | - |
Showing major subsidiaries. Total: 2.
Recent Activity on Wework India Management Limited
Wework India Management Limited has 21 board changes on record since 2016: 8 appointments and 13 cessations. The latest: Adnan Mostafa Ahmad was appointed as Nominee Director on 28 Nov 2024.
Charges
A charge with Others of Rs. 4.10 Cr registered on 30 May 2026 with Charge ID 101312735 was modified on 31 Aug 2026.
AGM
Wework India Management Limited last Annual general meeting of members was held on 24 Aug 2026 as per latest MCA records.
Charges
A charge registered on 30 Jun 2022 via Charge ID 100600499 with Others was fully satisfied on 23 Jun 2026.
Charges
A charge with Others amounted to Rs. 4.10 Cr with Charge ID 101312735 was registered on 30 May 2026.
Charges
A charge with Others of Rs. 120.00 Cr registered on 30 Dec 2024 with Charge ID 101034830 was modified on 15 Apr 2026.
Charges
A charge registered on 29 Jul 2021 via Charge ID 100470129 with Others was fully satisfied on 13 Apr 2026.
Filing
Wework India Management Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 200.00 Cr with Charge ID 101267300 was registered on 23 Mar 2026.
Charges
A charge registered on 03 Mar 2021 via Charge ID 100448997 with Others was fully satisfied on 03 Jun 2025.
Charges
A charge with Others amounted to Rs. 85.00 Cr with Charge ID 101107375 was registered on 27 May 2025.
Charges
A charge with Others of Rs. 216.00 Cr registered on 27 Sep 2024 with Charge ID 100990846 was modified on 07 Mar 2025.
Charges
A charge registered on 12 Nov 2022 via Charge ID 100653168 with Others was fully satisfied on 13 Jan 2025.
38 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Wework India Management Limited
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Subsidiaries & Group Companies of Wework India Management Limited
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GST Compliance of Wework India Management Limited
Wework India Management has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
8
Active
7
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCH8710J2ZB | Karnataka | Active | 01 Jul 2017 |
| 27AADCH8710J1ZG | Maharashtra | Active | 01 Jul 2017 |
| 06AADCH8710J1ZK | Haryana | Active | 27 Oct 2017 |
| 09AADCH8710J1ZE | Uttar Pradesh | Active | 01 Jun 2019 |
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GST registrations and filing compliance
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MCA Filings & Documents of Wework India Management Limited
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Related news about Wework India Management Limited
WeWork India Management: Signs Agreement To Add 2,881 Desks In Pune, Total Capacity Now 1,33,573 Desks; ₹44 Crore Investment Needed; Operations Set For July 2027
Frequently Asked Questions about Wework India Management Limited
Wework India Management is an active public limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 13 May 2016 (10+ years old) and is registered under CIN L74999KA2016PLC093227. Listed on BSE: 544570 and NSE: WEWORK.
Wework India Management reported revenue of ₹2,440.18 Cr for FY 2025-26 (up 25.2% YoY) based on consolidated financials.
Wework India Management has 6 current directors:
- Karan Virwani - Managing Director
- Jitendra Mohandas Virwani - Director
- Adnan Mostafa Ahmad - Nominee Director
- Anupa Rajiv Sahney - Director
- Mahua Acharya - Director
- Manoj Kumar Kohli - Director
The GSTIN of Wework India Management is 29AADCH8710J2ZB, registered in Karnataka. The company has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCH8710J1ZG (Maharashtra), 06AADCH8710J1ZK (Haryana), 09AADCH8710J1ZE (Uttar Pradesh).
The CIN (Corporate Identification Number) of Wework India Management is L74999KA2016PLC093227. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Wework India Management is listed on both BSE (code: 544570) and NSE (symbol: WEWORK).
Wework India Management has 13 court cases on record: 8 filed by the company and 5 filed against it. Most are in the high courts.
Wework India Management was incorporated on 13 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Wework India Management has 21 deals on record (5 convertible or debt financings, 5 secondary share transfers, 5 market trades), with disclosed funding of ₹1,599.94 Cr; the latest was in August 2026.
The peers of Wework India Management by revenue are DP Nirman Private Limited, Prime Focus Limited, Karamchand Domestic Products Private Limited, The Hindustan Times Ltd, Aristo Bullion Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Adnan Mostafa Ahmad was appointed as Nominee Director on 28 Nov 2024. Anupa Rajiv Sahney ceased to be Additional Director on 10 Nov 2024. Mahua Acharya ceased to be Additional Director on 10 Nov 2024. Wework India Management has 21 board changes on record in total.
Wework India Management has 14 MSME Form 1 returns on record between 2019 and 2024, listing 794 overdue payments to 145 micro and small suppliers. The latest return was filed on 02 May 2024.